Up In 2023 Despite the Bank Panic, Is Now the Time to Invest In Capital One?
This year has been chaotic for the finance industry, and that's putting it lightly. After concerns over a bank run on Silicon Valley Bank, a chain reaction occurred that sent the industry into a panic. Significant sell-offs and stock price swings were rampant.
While most major banks are down for the year, Capital One (NYSE: COF) has been on the opposite path, and is up almost 15% year to date. Although it's been a decent year for Capital One so far, there's a lot of uncertainty in the economy that could make the rest of 2023 challenging.
Despite what the rest of the year may throw at Capital One, I believe it can make it through and provide good long-term value to investors.
Source Fool.com
